Abstract:
The old electricity network infrastructure has proven to be inadequate, with respect to modern challenges such as alternative energy sources, electricity demand and energy saving policies. Moreover, Information and Communication Technologies (ICT) seem to have reached an adequate level of reliability and flexibility in order to support a new concept of electricity network—the smart grid. In this work, we will analyze the state-of-the-art of smart grids, in their technical management, security, and optimization aspects. We will also provide a brief overview of the regulatory aspects involved in the development of a smart grid, mainly from the viewpoint of the Bangladesh. To increase the Generation, Transmission and Distribution efficiency and increase the system reliability smart grid plays an important rule. The smart grid vision generally describes a power system that is more intelligent ,more decentralized and resilient ,more controllable and better protected than todays grid.
